Welcome to our dedicated page for Healthpeak Properties news (Ticker: PEAK), a resource for investors and traders seeking the latest updates and insights on Healthpeak Properties stock.
Healthpeak Properties, Inc. (NYSE: PEAK) is a fully integrated real estate investment trust (REIT) and S&P 500 company specializing in the ownership, management, and development of high-quality real estate in three primary healthcare sectors: life science, medical office, and senior housing. Healthpeak's portfolio is designed to offer stability during industry cycles, underpinned by a deep understanding of the healthcare real estate market and a strong vision for long-term growth.
Recent highlights include a strategic partnership with Breakthrough Properties to develop the Callan Ridge campus in San Diego's prestigious Torrey Pines cluster. The campus, which will be fully leased to Turning Point Therapeutics, a subsidiary of Bristol-Myers Squibb, incorporates sustainable building features and aims for LEED Gold certification. This three-story, 185,000-square-foot development reflects Healthpeak's commitment to environmental responsibility and innovation in healthcare real estate.
Healthpeak’s diversified portfolio encompasses properties located in prime markets across the United States. The company’s life science assets provide essential infrastructure for research and development activities, while medical office buildings cater to outpatient services and senior housing facilities support aging populations with residential options. This diversified approach mitigates risks and capitalizes on growth opportunities within the healthcare sector.
Financially, Healthpeak maintains a robust balance sheet with a strategic focus on disciplined capital allocation to enhance shareholder value. The company leverages strong relationships with industry-leading tenants and partners to drive occupancy rates and rental income stability. Moreover, Healthpeak’s proactive asset management and development pipeline are poised to sustain future growth, underscoring its role as a pivotal player in the healthcare real estate market.
Healthpeak Properties continues to explore opportunities that align with its mission to provide best-in-class real estate solutions for healthcare delivery and discovery, ensuring a resilient and thriving portfolio capable of weathering industry fluctuations while delivering consistent returns.
Healthpeak Properties reported first-quarter 2022 results, featuring a net income of $0.13 per share and Nareit FFO of $0.45 per share. Key highlights include:
- Same-Store Portfolio Cash NOI growth of 5.6%
- 263,000 square feet of Class A life science developments placed in service, totaling $262 million
- Liquidity of $2.1 billion and a net debt to adjusted EBITDA ratio of 5.1x
- Quarterly dividend declared at $0.30 per share
Guidance for 2022 remains unchanged, projecting earnings per share between $0.58 and $0.64.
Healthpeak Properties (NYSE: PEAK) declared a quarterly dividend of $0.30 per share. This dividend will be distributed on May 20, 2022, to shareholders recorded as of May 9, 2022. As a fully integrated real estate investment trust, Healthpeak focuses on high-quality healthcare real estate assets, including Life Science, Medical Office, and CCRC. This announcement reflects the company's commitment to returning capital to shareholders while maintaining a strong growth trajectory.
Healthpeak Properties, Inc. (NYSE: PEAK) will report its first quarter 2022 financial results post-market on May 3, 2022. A conference call and webcast to discuss these results will take place on May 4, 2022, at 9:00 a.m. MT (11:00 a.m. ET). Investors can access the call via dial-in numbers or online. Healthpeak is a leading real estate investment trust focusing on private-pay healthcare assets, including Life Science, Medical Office, and CCRCs. More details can be found on www.healthpeak.com.
Healthpeak Properties (NYSE: PEAK) will have its CEO, Tom Herzog, present at the Citi 2022 Global Property CEO Conference on March 8, 2022, at 5:00 p.m. Eastern Time. Interested parties can access the presentation via a webcast on Healthpeak's website, with a replay available until March 8, 2023. Healthpeak is a fully integrated REIT focused on high-quality real estate in the healthcare sector, including Life Science, Medical Office, and CCRCs. For more details, visit www.healthpeak.com.
Healthpeak Properties (NYSE: PEAK) announced the completion of long-term leases with Graphite Bio and another biotech firm for its Nexus on Grand project in South San Francisco, achieving 100% pre-leasing before completion. The development spans 148,000 square feet and is designed for advanced lab and office use, featuring modern amenities. This project, expected to be completed by Q2 2023, reflects strong market demand for specialized laboratory facilities.
Healthpeak Properties reported Q4 2021 net income of $0.05 per share and Nareit FFO of $0.41 per share. The company achieved blended Total Same-Store Portfolio Cash NOI growth of 2.7%, with life sciences experiencing a growth of 5.4%. In full-year 2021, net income reached $0.93 per share, though Nareit FFO declined from $1.30 to $1.12 per share. The company engaged in $1.5 billion in acquisitions and commenced four life science projects worth $812 million. A quarterly dividend of $0.30 per share was announced, payable on February 22, 2022. 2022 guidance reflects diluted earnings per share of $0.58 - $0.64.
Healthpeak Properties (NYSE: PEAK) announced a quarterly cash dividend of $0.30 per share, payable on February 22, 2022. Stockholders on record as of February 11, 2022 will receive the dividend. Healthpeak is a fully integrated real estate investment trust specializing in healthcare real estate across Life Science, Medical Office, and CCRCs. The company's strategic focus on long-term growth through high-quality real estate positions it well within the private-pay healthcare sector.
Healthpeak Properties, Inc. (NYSE: PEAK) will report its fourth quarter and year-end 2021 financial results after the NYSE trading on February 8, 2022. A conference call and webcast will take place on February 9, 2022, at 9:00 a.m. MT (11:00 a.m. ET) to discuss the financial performance and operating results. The dial-in number for U.S. participants is (888) 317-6003, with an international line at (412) 317-6061. Access the conference via webcast at Healthpeak's website. An archive will be available for a year.
Healthpeak Properties has priced a public green bond offering of $500 million in 2.125% senior unsecured notes due 2028. The offering price is 99.398% of the principal amount, with estimated net proceeds of approximately $492.4 million. The funds will finance eligible green projects or repay debt, including revolving credit and commercial paper. The offering is set to close on November 24, 2021.
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